Neogen Debt-to-Equity Ratio Growth & History (NEOG)
Neogen's debt-to-equity ratio was 0.39 for fiscal 2026.
View full Neogen company overviewNeogen annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 0.39 | −0.05 | −12.10% |
| 2025 | 2025-05-31 | 0.44 | 0.15 | +52.86% |
| 2024 | 2024-05-31 | 0.29 | 0.01 | +2.30% |
| 2023 | 2023-05-31 | 0.28 | 0.28 | +7666.10% |
| 2022 | 2022-05-31 | 0.00 | 0.00 | +22.67% |
| 2021 | 2021-05-31 | 0.00 | 0.00 | +8.50% |
| 2020 | 2020-05-31 | 0.00 | — | — |
Neogen quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 0.39 | −0.05 | −12.10% |
| Q3 2026 | 2026-02-28 | 0.38 | 0.04 | +12.40% |
| Q2 2026 | 2025-11-30 | 0.38 | 0.04 | +12.68% |
| Q1 2026 | 2025-08-31 | 0.37 | 0.09 | +31.51% |
| Q4 2025 | 2025-05-31 | 0.44 | 0.15 | +52.86% |
| Q3 2025 | 2025-02-28 | 0.34 | 0.05 | +16.26% |
| Q2 2025 | 2024-11-30 | 0.33 | 0.05 | +15.98% |
| Q1 2025 | 2024-08-31 | 0.28 | −0.00 | −1.19% |
| Q4 2024 | 2024-05-31 | 0.29 | — | — |
| Q3 2024 | 2024-02-29 | 0.29 | 0.00 | +1.43% |
| Q2 2024 | 2023-11-30 | 0.29 | −0.01 | −3.46% |
| Q1 2024 | 2023-08-31 | 0.29 | 0.28 | +8675.78% |
| Q3 2023 | 2023-02-28 | 0.28 | 0.28 | +8862.90% |
| Q2 2023 | 2022-11-30 | 0.30 | 0.30 | +11749.99% |
| Q1 2023 | 2022-08-31 | 0.00 | 0.00 | +16.52% |
| Q4 2022 | 2022-05-31 | 0.00 | 0.00 | +22.67% |
| Q3 2022 | 2022-02-28 | 0.00 | 0.00 | +110.28% |
| Q2 2022 | 2021-11-30 | 0.00 | 0.00 | +30.00% |
| Q1 2022 | 2021-08-31 | 0.00 | 0.00 | +22.65% |
| Q4 2021 | 2021-05-31 | 0.00 | 0.00 | +8.50% |
| Q3 2021 | 2021-02-28 | 0.00 | −0.00 | −40.00% |
| Q2 2021 | 2020-11-30 | 0.00 | −0.00 | −34.35% |
| Q1 2021 | 2020-08-31 | 0.00 | −0.00 | −12.75% |
| Q4 2020 | 2020-05-31 | 0.00 | — | — |
| Q3 2020 | 2020-02-29 | 0.00 | — | — |
| Q2 2020 | 2019-11-30 | 0.00 | — | — |
| Q1 2020 | 2019-08-31 | 0.00 | — | — |
Neogen debt-to-equity ratio trends
Over the last five fiscal years, Neogen's debt-to-equity ratio increased from 0.00 to 0.39, a change of 0.39. The latest reported quarter, Q4 2026, shows 0.39.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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